Bullish Scenario for GU Price Action TA
GU FOR BULLISH SCENARIO UNTILL THE TREND BREAKS
1d daily resistance 1.24436
Price trading above monthly pivot
Notice the chart pattern but that's confirmed if it breaks out as inverted H&S htf
4h valid 3 tap trend line
4h above 200ema
1h valid pullbacks on fib until it breaks
If it pullsback and hold could be a juicy target at 1.24436 to 1.25 (extreme)
Let me know your thoughts on the comment below.
1d daily resistance 1.24436
Notice the chart pattern but that's confirmed if it breaks out as inverted H&S htf
4h valid 3 tap trend line
1h valid pullbacks on fib until it breaks
If it pullsback and hold could be a juicy target at 1.24436 to 1.25 (extreme)
Let me know your thoughts on the comment below.
Comment:
when fundamental catalyst kicks in all bets off. now we will look for bearish continuation
